YTL 4677

Weekly Timeframe

 

Prepare yourself as this will be a very long story.

 

The ever first time we get to trade YTL on KLSE is about 20 years ago at 2002 October. The lowest prices ever went after the opening is at 0.51. Last month, we are lucky enough to finally see prices went all the way back towards it's 20 year low. Lucky? Why? This is because the Fibonacci Pattern had completed and for now prices are unlikely to trend down lower anymore as it is at a 20 year low and the 20 year plan by the bankers are finally over. This indicates limited downside with unlimited upside. However, throughout this 20 years, there are many things we can learn and understand how this whole 20 years stock movement had been a plan all along !

 

Now let's look at the past 20 years and see how did the bankers planned this all along right Infront of us and we are just too blind to see. Now pay attention at the begining of 2003 (Time Fibonacci Level 0), prices immediately dropped lower after the opening where everyone is selling showing no interests at the company at all, which is what the bankers wanted all along. After the drop, prices proceed to go on a massive uptrend for 10 years (Time Fibonacci Level 0.5) increasing from 0.51 to 2, which is about a 400% increase. Everything is going very well for the company, which helps build their portfolio and financial statements as well. Company's trustworthiness is increasing, and piqued many investor's interest to buy their shares to invest.

 

However, when everything is looking good, the nightmare begins whereby things started to slow down and prices went on a massive range for 4 years straight (Distribution Stage), whereby it's a good time for the bankers and shareholders to take their profits, slowly selling millions of their shares towards the public with their past 10 years of good results and selling that they will do better in the next 10 years. A normal investor for have bought their 'show', however for someone who is smart enough would have know it's all just for show and the uptrend had ended long time ago. But how? Now pay attention at the Gan Fann Level 3/1. Every 3-4 years, prices will rebound at that level indicating the uptrend is still strong, however prices broke that level by the end of the range indicating a first signal that the bankers are selling hard, if that is not enough, prices proceeds to form a Quadruple Top which marks the beginning of a massive downtrend (Time Fibonacci Level 0.618). 

 

Now in order to complete the their final wave, prices needed to touch 2 important levels which are the Golden Ratio Levels, 1.618 and 2.618. The first wave down had completed rather fast, prices touches the 1.618 level and rebounded massively creating a 'fake' uptrend continuation, this is the last 'trap' set by the bankers to 'promise' investors that the stock is still on an 'uptrend'. Investors flock to buy more shares and finally the real crash begins. Prices begins to crash like nobody's business and finally reaching the end road by this year 2022 March, 2.618 + Fibonacci Level 0, which is also Time Fibonacci Level 1.

 

Now why the long story? Stock movements are like waves, often the future of price movements had already been planned many years back and today we are fortunate enough to see it happen, which gave me an opportunity to share this long story to my fellow viewers and allow all of you supporters a deeper understanding on stocks and Fibonacci waves, because prices are just not as easy as support/resistance and a good 10 year financial statement. It requires a more deeper understanding on waves and numbers. From what we learn today in the history of a 20 year plan from YTL applies to many other stocks as well. To understand the future we need to understand the past because 'History always repeat itself'. However, it is always easier said than done. You have to truly ask yourself, are you smart enough to see it before it happens again? 

 

Thank you for reading.